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Penzance, Cornwall

2011 Annual Business Confidence Report

Contents

  1. New Company Registrations
  2. Closed Companies (dissolved)
  3. Net Company Growth
  4. UK Company Share
  5. Director Age
  6. Director Gender
  7. Naming Trends
  8. SIC Data
  9. Recent Companies

New Company Registrations

  1. Annual Data (2011)

    A total of 123 companies were formed in Penzance in 2011. This total is 43.0% higher than in 2010 and compares favourably to the UK figure of a 13.1% growth compared to 400,358 the previous year.

    YearPenzanceUK
    2011123452,870
    201086400,358
    200998362,675
    2008108349,203
    2007123457,649
    Record Year2003 (152)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 55 companies were formed in Penzance. This figure is 34.1% higher than last year, which compares well to the UK wide figure of 14.0%.

    The highest total for a second half year in Penzance occurred in 2003 when a total of 88 were formed.

    Half Year (Jul-Dec)PenzanceUK
    201155224,135
    201041196,609
    % change34.1%14.0%
    Record Year2003 (88)2011 (224,135)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 29 companies were registered in Penzance during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 93.3% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)PenzanceUK
    201129109,623
    20101595,117
    % change93.3%15.3%
    Record Year 2003 (46) 2011 (109,623)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201111108
    New companies in 20103111
    % change266.7%-9.1%700.0%
    Record Year2002 (18)2003 (14)2003 (19)

Closed Companies (dissolved)

  1. Annual Data (2011)

    A total of 86 companies were dissolved in Penzance in 2011. This total is 18.9% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.

    YearPenzanceUK
    201186314,523
    2010106342,232
    2009125533,773
    200855237,901
    200775220,295
    Record Year2009 (125)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 42 companies were dissolved in Penzance. This figure is 14.3% lower than last year, which compares well to the UK wide change of -7.5%.

    The highest total for a second half year in Penzance occurred in 2010 when a total of 49 were closed.

    Half Year (Jul-Dec)PenzanceUK
    201142152,213
    201049164,601
    % change-14.3%-7.5%
    Record Year2010 (49)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 19 companies were dissolved in Penzance during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 0.0% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)PenzanceUK
    20111979,983
    20101976,896
    % change0.0%4.0%
    Record Year 2006 (21) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2011685
    Closed companies in 2010784
    % change-14.3%0.0%25%
    Record Year2006 (11)2011 (8)2000 (9)

Net Company Growth

  1. Annual Data (2011)

    A total of 37 companies were added to the company register for Penzance in 2011. This number represents growth of 43.0% in the total number of active companies, which compares favourably to the UK figure of 34.6%.

    This number is 57 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Penzance company register grew by 94 companies.

    YearPenzanceUK
    201137138,347
    2010-2058,126
    2009-27-171,098
    200853111,302
    200748237,354
    Record Year2003 (94)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 the company register for Penzance increased by 13 companies.

    Half Year (Jul-Dec)PenzanceUK
    20111371,922
    2010-832,008
    Record Year2003 (62)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Net company growth for Penzance during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 10 companies.

    fourth quarter (Oct 2011 - Dec 2011)PenzanceUK
    20111029,640
    2010-418,221
    Record Year 2003 (37) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2011523
    Net growth in 2010-43-3
    Record Year2002 (12)2003 (9)2003 (15)

UK Company Share

  1. Annual Data (2011)

    In 2011 Penzance formed 0.0% of all UK companies. This is no change on 2010 when Penzance was responsible for 0.0% of all UK companies.

    YearPenzance
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    Record Year (since 1960)1970 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 Penzance formed 0.0% of all UK companies. This is the same as the 2010 figure of 0.0%.

    Half Year (Jul-Dec)Penzance
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    Record Year (since 1960) 1970 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    In the fourth quarter of 2011, Penzance formed 0.0% of all UK companies.

    fourth quarter (Oct 2011 - Dec 2011)Penzance
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    Record Year (since 1960) 1963 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.0%0.0%0.0%
    UK formation share in 20100.0%0.0%0.0%
    % change219.1%-22.5%605.4%
    Record Year1965 (0.2%)1969 (0.2%)1963 (0.3%)

Director Age

  1. Annual Data (2011)

    The average age of a director in 2011 was 48.0.

    The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 11.2% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2011)

    The average age of a director in the second half of 2011 was 49.8.

    The percentage of directors under the age of 25 was 1.1% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 13.3% compared to the UK figure of 4.1%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The average age of a director in the fourth quarter of 2011 was 49.8.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 4.2%.

    The percentage of directors over the age of 65 was 12.2% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2011)

    The record year for female directors in Penzance was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Penzance in 2011 was 38.6%. The average for the UK during this time was 28.6%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2011)

    The record second half year for female directors in Penzance was 1860 when 42.9% of all directors were female.

    30.4% of all director appointments in Penzance in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The record fourth quarter for female directors in Penzance was in 1977 when 31.1% of all directors were female.

    34.1% of all director appointments in Penzance in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2010-Dec 2011)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    PENZANCE3.13%CONSULTING5.07%
    MANAGEMENT1.56%MANAGEMENT4.74%
    CORNWALL1.56%CONSULTANCY3.26%
    SCHOOL1.17%PROPERTY2.37%
    BAY1.17%TRADING2.07%
    MOUNTS1.17%DESIGN1.92%
    FISHING1.17%ASSOCIATES1.86%
    CONSULTING1.17%ENGINEERING1.78%
    ART1.17%BUSINESS1.78%
    FISH1.17%CONSULTANTS1.76%
    CIC1.17%CONSTRUCTION1.73%
    SURF0.78%MEDIA1.71%
    MARINE0.78%LONDON1.63%
    COMMUNICATIONS0.78%J1.51%
    C.I.C.0.78%INVESTMENTS1.48%
    PENWITH0.78%GLOBAL1.46%
    M0.78%IT1.41%
    ACL0.78%CARE1.39%
    TRADING0.78%PROPERTIES1.29%
    BAR0.78%ELECTRICAL1.29%
    MEDICAL0.78%M1.27%
    TREE0.78%BUILDING1.26%
    HEATING0.78%ENERGY1.25%
    PRINT0.78%S1.20%
    ACADEMY0.78%ENTERPRISES1.20%

SIC Data

  1. Previous 36 months, excluding companies less than 12 months old

    sic codenumber of companiesuk companies
    None Supplied50205,525
    7487 - Other business activities857,052
    82990 - Other business support service activities not elsewhere classified532,483
    99999 - Dormant Company421,846
    41100 - Development of building projects44,331
    86900 - Other human health activities44,457
    5248 - Other retail specialised stores31,968
    56101 - Licenced restaurants31,252
    68320 - Management of real estate on a fee or contract basis33,194
    5540 - Bars32,147
    9999 - Dormant Company320,199
    41202 - Construction of domestic buildings32,598
    45200 - Maintenance and repair of motor vehicles32,452
    74909 - Other professional, scientific and technical activities not elsewhere classified38,671
    7499 - Non-trading company39,957
    5523 - Other provision of lodgings2139
    9305 - Other service activities29,492
    35110 - Production of electricity2671
    5510 - Hotels and Motels with (or without) restaurant2585
    5212 - Other retail non-specialised stores21,088

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07794327 ABSOLUTE COMMUNICATIONS PENWITH LTD. 03 Oct 2011
    07804277 ZOFTAR LIMITED 10 Oct 2011
    07805122 KOOLKIDZ THEATRICAL AGENCY LIMITED 11 Oct 2011
    07805385 ACCEDO UK LIMITED 11 Oct 2011
    07807504 WESTERN LIGHT PICTURES LTD 12 Oct 2011
    07814852 KERNOW MARKETING AND TRAINING LIMITED 19 Oct 2011
    07816782 S.J. & M.F. NOWELL FISHING LIMITED 20 Oct 2011
    07821882 FIVE FORTY FILM AND MEDIA SERVICES LIMITED 25 Oct 2011
    07822324 REDCON COMMUNICATIONS LIMITED 25 Oct 2011
    07827682 PENZANCE PROJECTS 28 Oct 2011
    07797032 THE APPLE TREE CAFE LIMITED 04 Oct 2011

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